Market revenue in 2021 | USD 904.3 million |
Market revenue in 2030 | USD 1,404.4 million |
Growth rate | 5% (CAGR from 2021 to 2030) |
Largest segment | Plastic |
Fastest growing segment | Glass |
Historical data covered | 2017 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastic, Silicone, Glass, Stainless Steel |
Key market players worldwide | Pigeon Corp, Medela, Koninklijke Philips NV, Artsana S.p.A., Goodbaby International Holdings, Dr Browns, Comotomo, Richell Corporation, Munchkin, Nanobebe |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to baby bottle market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 55.62% in 2021. Horizon Databook has segmented the Europe baby bottle market based on plastic, silicone, glass, stainless steel covering the revenue growth of each sub-segment from 2017 to 2030.
New parents in this region are extremely conscious when selecting products for their babies due to the rising awareness about health & hygiene. This has led to an increase in demand for high-quality feeding bottles and accessories. Thus, companies are focusing on increasing the visibility of their products as well as developing trust in these products among consumers.
According to data provided by Eurostat, in 2021, the share of working women in the European Union population was 46.3%. Women get less time due to hectic working schedules and daily house chores, thereby fueling the demand for alternative baby feeding products, including bottles.
The growing popularity of online channels in the region has encouraged several market players to utilize online platforms in order to sell their products. As consumers seek an easy and convenient purchasing experience, they are also increasingly leaning toward online channels.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe baby bottle market , including forecasts for subscribers. This continent databook contains high-level insights into Europe baby bottle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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